IIFL (2024)

FAQs

Is IIFL trusted or not? ›

You can rest assured that Iifl Securities is not a scam but a legitimate entity. This broker is registered with the top-tier Securities & Exchange Board of India (SEBI) in India.. I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds.

IIFL Full Form - India Infoline Finance Limited.

You can withdraw the entire amount if you are having a clear credit balance in your account. Please check the below details before placing a payout request: Check the settlement cycle before placing a payout request which is T+2 for the cash segment and T+1 for the F&O segment.

IIFL Finance has TTM P/E ratio 12.53 as compared to the sector P/E of 18.00. There are 6 analysts who have initiated coverage on IIFL Finance. There are 3 analysts who have given it a strong buy rating & 1 analysts have given it a buy rating. 1 analysts have given the stock a sell rating.

Corruption is the abuse of entrusted power for private gain and typically involves Bribery.

Nirmal Jain (born 1967) is an Indian billionaire businessman. He is the founder and chairman of India Infoline (IIFL) Group, a financial conglomerate. IIFL and its group companies are backed by Canadian investor Prem Watsa, private equity firm General Atlantic and CDC Group, the UK Government's private equity arm.

In a statement, the central bank noted violations in the maximum allowed loan-to-value ratio and found that IIFL Finance exceeded permitted cash collections, failed to adhere to the standard auction process, and lacked transparency in the fees charged by the company.

IndiaInfoline Finance Limited (IIFL) (Earlier known as Probity Research & Services Private Limited) was incorporated in 18th October, 1995 at Mumbai. The Company converted into a Public Limited Company on 28th April, 2000 and name of the Company was changed to Probity Research & Services Limited.

IIFL is a one-stop-shop providing various online and offline investment options like Equity, currency, derivatives, commodity, FD's, Mutual Funds, Bonds, etc. along with the best research-based advisory services. IIFL's trading platforms are one of the best in the country based on cutting edge technology.

IIFL Securities offers free trading and demat account opening process. For the demat account, there's a nominal Rs 250 AMC per year (free for the 1st year) and a Rs 25 charge for each debit transaction.

How long does it take to get the money from IIFL? ›

Fund gets credited in your bank account in 24 hours considering that the request is placed by you before 8.20 a.m. If it is done after 8.20 a.m. the funds are credited in the next working day.

Earlier this month, the Reserve Bank put a curb on these two entities for non-compliance of regulatory guidelines. The central bank barred IIFL Finance from sanctioning or disbursing gold loans after certain material supervisory concerns were observed in its gold loan portfolio.

Incorporated in March 2008. Categorized as a systematically important Non Banking Finance (non-deposit accepting or holding) Company-Micro Finance Institution (NBFC MFI).

Originally incorporated as Probity Research and Services Pvt. Ltd., the name of the company was later changed to India Infoline Ltd.

IIFL Finance Balance Sheet Health

IIFL Finance has a total shareholder equity of ₹235.0B and total debt of ₹429.7B, which brings its debt-to-equity ratio to 182.9%. Its total assets and total liabilities are ₹590.2B and ₹355.2B respectively.

CRISIL Ratings has placed its 'CRISIL AA/CRISIL PPMLD AA/CRISIL AA-' ratings on the bank facilities and debt instruments of IIFL Finance Ltd (IIFL Finance) on 'Rating watch with Developing Implications'. Short term rating has been reaffirmed at 'CRISIL A1+'.

IIFL Finance's Personal Loans are one of the most sought-after loans primarily due to their customized solutions and quick disbursal.

Fund gets credited in your bank account in 24 hours considering that the request is placed by you before 8.20 a.m. If it is done after 8.20 a.m. the funds are credited in the next working day.